Personal Lines P&C Insurance Agency with Office and Leads

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Personal Lines P&C Insurance Agency with Office and Leads
Asking Price:
$300,000

Gross Revenue:
$181,000
Cash Flow:
$69,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Young and fast growing P&C agency with $2 million in premiums in a well-located fully furnished office. Over 1300 policies in force, with 95% in auto and fire, 5% in commercial and life. This is a profitable agency with 92% retention. Most policies are in preferred personal lines, with a smaller percentage in standard and non-standard. Current robust marketing efforts target homeowners in the community. Prospect lists and leads database will transfer with the sale of the agency.

NDA required for detailed information.

About the Business

Location:
Atlanta, Georgia
Year Established:
2017
Number of Employees:
2
Relocatable:
Yes
Facilities:
Well-located 1133 sf office with plenty of parking. Lease is $1200 per month and is current through Jan 30, 2020 – with an option to renew.
Market Outlook/
Competition:
The insurance industry competitive landscape is fragmented, and the Seller has applied consistent marketing efforts along with a high level of customer service in order to grow his agency quickly.
Growth & Expansion:
Continue to delight the current clientele, follow up with existing leads, and utilize various corporate marketing resources to expand the book.
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About the Sale

Reason For Selling:
Other Business Interests
Training/Support:
As needed.

Listing Info

ID:
1667050
Ad Detail Views:
0

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Business Listed by

Karen Rennick, MBA

ProNova Partners
License# 01869984

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